Larsen MacColl Partners has sold a majority stake in its portfolio company, S&S Worldwide, a designer and manufacturer of roller coasters, to Sansei Yusoki Co.
Larsen MacColl made its original investment in S&S in 2009 and supported S&S’s subsequent growth with additional financial resources and strategic guidance as S&S expanded its customer base and product offering in Europe and Asia.
S&S Worldwide is a designer and manufacturer of roller coasters, tower rides and other thrill rides for the global amusement park industry. S&S has installed over 150 amusement rides and coasters in 27 countries. The company is based in Logan, UT (www.engineeringexcitement.com).
Larsen MacColl invests in companies with $5 million to $40 million in revenue. Sectors of interest include transportation and logistics, specialty manufacturing and distribution, consumer products and business services. Larsen MacColl is investing out of its second committed fund. The firm is headquartered in Radnor, PA (www.larsenmaccoll.com).
Brookwood Associates acted as the lead financial advisor to Larsen MacColl and S&S. “Brookwood was a tenacious partner in this process. Their senior attention was evident in positioning S&S to attract the right interest from a global buyer universe, and navigating extremely complex issues in a cross-border context,” said Tim MacColl, Managing Partner of Larsen MacColl. “Brookwood was more than a banker…they were a trusted advisor critical to the success of this transaction.” Brookwood Associates was founded in 1989 and has offices in Atlanta, GA and Charlotte, NC. The firm has 24 professionals and offers merger, acquisition, corporate financing, restructuring, fairness opinions and other related advisory services (www.brookwoodassociates.com).
Sansei Yusoki is a manufacturer of elevation equipment, stage equipment and amusement rides. Products include elevators, escalators, parking devices and revolving restaurants, as well as stage machinery, hanging devices, roller coasters, and fast slides. The company is headquartered in Osaka, Japan (www.sanseiyusoki.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 1-25-13
